Why Investors Remain Weary and Wary

February 26, 2003

By Amey Stone

A year and a half since failed energy giant Enron kicked off an era of financial and corporate fraud-finding, the business world remains locked in an atmosphere of scandal and distrust. That's despite a major reform movement that promised to restore the public's trampled faith and rebuild dysfunctional institutions.

Indeed, investors got smacked again in late February with a huge accounting scandal at Dutch food giant Royal Ahold (